News

VAT successfully completes refinancing

“Ad hoc announcement pursuant to Art. 53 LR” Increasing global digitalization and demand for semiconductors the backbone of VAT’s CHF 2bn target by 2027

“Ad hoc announcement pursuant to Art. 53 LR” Strong Order Momentum and Increasing Sales; Ongoing Investments of Semiconductor Sector in next Generation Technologies

Strong growth continues, leading to record Q2 and H1 sales, EBITDA, EBITDA margin, net income and free cash flow. Positive full-year outlook confirmed. Urs Gantner, head of Semiconductor business unit, appointed to VAT’s Group Executive Committee. First VAT sustainability review published.

The shareholders of VAT Group AG approved all motions proposed by the Board of Directors at today’s Annual General Meeting (AGM), including the payout of a 22% higher dividend of CHF 5.50 per share.

“Ad hoc announcement pursuant to Art. 53 LR” Continued Strong Order and Sales Development in Semiconductor Confirms Positive Outlook for Business Growth in 2022

At its upcoming annual general meeting on May 17, 2022, the VAT Board of Directors intends to nominate Maria Heriz to the Board, replacing Heinz Kundert, who has decided not to stand for re-election.

- Record 2021 results and positive outlook; dividend increase of 22% to CHF 5.50 per share proposed - 2025 sales target increased from CHF 1.1bn to CHF 1.5bn - EBITDA range expected to be 32 – 37% over the cycle

VAT posts Record Full-Year Results for Sales, EBITDA, EBITDA Margin and Free Cash Flow as strong Growth continues

VAT to invest CHF 160 Million to build new innovation center in Switzerland and to increase capacity in Malaysia and Switzerland - creating 600 new jobs globally until 2024.

Record Q3 order intake and net sales driven by market growth and excellence in operational excution; Q4 sales guidance indicates full-year 2021 record net sales of between CHF 885-895 million

Record Q2 and H1 2021 results driven by continued high market growth and stron business execution; second half 2021 results expected to be above first six months